AMERICAN MEDIA’S BIG FINANCIAL CRISIS! David Pecker in Tears?

David Pecker is NOT Smiling this Morning!

American Media is reportedly near broke reports the New York Post.

“The publisher of Star Magazine and The National Enquirer faces an insurmountable cash crunch next February unless it re-negoitates $415 million worth of junk bonds.”

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Barry Manilow NOT Dying

The Globe’s cover claiming Barry Manilow ill and dying is absolutely false, his rep told OK! magazine.

“We just saw a pretty outrageous headline on one of the tabloids claiming that Barry is ill and down to 100 pounds. Granted, he’s pretty trim. But 1oo pounds? Give us a break…And no… he’s not ill.”

What the rep should be saying is…

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GLOBE MAGAZINE’S COVER LAYOUT DISASTER

On this cover of the Globe, I don’t know where to look first.

This is often a sign that the editors did not know what the main story should be.

But let’s digest what Globe is serving up this week.

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GLOBE & NATIONAL ENQUIRER: I Don’t Get It! Please explain why…

The Globe selects Mary Tyler Moore as its main story

and the National Enquirer features Cher’s secret wedding when…

There are two of the biggest tabloid stories in history happening right before our very eyes.

From Christie Brinkley’s divorce to the Madonna/A-Rod scandal

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GLOBE CORNERS SENIOR CITIZEN MARKET

You really can’t compare the Globe to the other weeklies or even the National Enquirer.

This is clearly the magazine tailor made for retirees (and some Gay men - see Golden Girls‘ inset.)

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GLOBE MAGAZINE SAYS BILL CLINTON HAS ONE YEAR TO LIVE

Globe follows last week’s National Enquirer story and does it better.

As you may remember, the National Enquirer announced that they were revealing Bill Clinton’s mistress. I thought they were talking about Gina Gershon but it was in fact a woman named Julie McMahon.

What makes this cover better?

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GLOBE MAKES AN OLD STORY NEW

Pasetsky’s Cover Critique

Does that photo of Barack Obama being held by his mom look familiar.

It should - especially if you are addicted to CoverAwards like I am. (Oh wait, I write this blog - so I should be.)

Anyhow, click here to see it as it appeared recently on Time Magazine.

The big question is whether or not that is a bad thing?

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GEORGE BUSH DID COCAINE IN THE WHITE HOUSE? WTF?

Pasetsky’s Cover Critique

Either I’m in a really good mood today, or most of the category is delivering really strong covers.

I think it’s…

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